119 Main StDriftonPA18221
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Drifton at 119 Main St, Drifton, PA, 18221 priced at $224,900 converts $1,786/mo rent into $312/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,786/mo, and annual cash flow totals $3,744/yr on $74,554 invested. Return on cash invested prints 24.93% in year one, and rental yield reads 9.53% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 130.31% and total cumulative return in cash sums $97,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,786/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18221, Drifton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
79
Single Family
1
Multi-Family
0
Businesses
4
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Listed by: Carlos Mejia • Miracle Real Estate, LLC
Mls Name: Luzerne County AOR
Mls ID: #25-4456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.